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$MU /USDT short trap or real breakout?
MU_USDT - go SHORT
Trading plan:
Entry: 978.60 – 984.16
SL: 1008.03
TP1: 961.39
TP2: 948.06
TP3: 928.07
Why focus on this setup?
- 4H is bearish, but 1D is ranging, direction is unclear.
- RSI on 15M is at 50.98, neutral zone, no overbought/oversold signal.
- ATR 1H=11.1, moderate volatility; current price 981.38 is near the entry.
- No strong momentum in the short term—why now? Because the upper edge of the range may act as resistance; wait for confirmation.
Discussion:
Will this move reach TP1 961 first, or will it sweep the stop loss at 1008 first?